COMMERCIAL SCENE : Palmdale Shopping Center Sold for $11,225,000
Bonutto Hofer Investments and Dover Investment Properties recently purchased the Palmdale Place shopping center for $11,225,000 from the Riley/Pearlman Co. and joint partner Downey Savings & Loan.
The 164,000-square-foot center on the northwest corner of Palmdale Boulevard and 25th Street East, is anchored by Albertson’s, Thrifty Drug Store and H & E Improvement Center.
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